Terraced House
A real bargain mid terrace home in the popular area of Coventry! Other properties currently fetching between £140,000 - £160,000 along this road.
This home is a rental currently getting £600 per calendar month with scope to achieve £1000 per calendar month.
Harnall Lane East has been popular with house buyers for many years due to the close proximity to the city centre together with a selection of daily amenities throughout the immediate area, including shops and regular bus services particularly those found in Ball Hill or Far Gosford Street. The local area is well served by a number of main roads such as the Walsgrave Road and the A444, enabling easy access to areas, to the north and east of the city. The position is within easy walking distance to town and the Coventry University Campus.
Freehold. Subject to tenancy.
Off Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
